There’s lots of talk recently about the wealth of Jeff Bezos. There are maps comparing his wealth to entire countries, a “You are Jeff Bezos” game where you can spend his money on different things - like paying their fair-share of taxes, and a graphic that puts his wealth in perspective. A recurring point is that most people simply cannot fathom the amount of money he has. The number is $150 billion. My favorite attempt to bring the number into human terms is Quartz’s article, “The average US worker would need 10 times the length of all human history to earn as much as Jeff Bezos”. This beautifully captures the point that someone does not simply earn or work for such an amount of money, but rather captures it. We, at degrowth.info, thought a similar calculation would be interesting. We wanted to know how many humble (but hopefully useful) projects like ours Jeff Bezos’ wealth could pay for. In case you haven’t heard already, degrowth.info is improving its site to better support the degrowth community and improve the usability of the platform – this will cost 7,500€.
In a recent article with Stefan Drews, we discussed why degrowth might be an unfortunate name and slogan for the alternative economics movement. We listed several expressions that could possibly be better, but we were also upfront about their disadvantages. Here I propose a new term that might combine the advantages of the word degrowth with those of its more positive alternatives. For an asse...
Until recently terms like “carbon accounting,” “carbon footprint” and “carbon offsetting” would have raised some quizzical eyebrows among the general public. Today, such carbon-based metrics are everywhere, but are they helpful or unhelpful in motivating the necessary action on climate change? Although the case for metrics may seem incontrovertible, what is measured is always a political choic...
If current crises like environmental degradation and social inequality can be seen as result of our economic and social systems, the concept of a degrowth economy has been advanced as a possible solution. Degrowth is in direct contrast to economic systems such as capitalism or sustainable growth, and in fact has much more in common [...]